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A couple is considering the purchase of a house, which will cost them $300,000. They will borrow the entire purchase price and make monthly payments

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A couple is considering the purchase of a house, which will cost them $300,000. They will borrow the entire purchase price and make monthly payments over the next 15 years. The first payment is due next month, and the annual interest rate is 4.5%. What is the monthly payment

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